The EFTPOS initiative is one of the most important in Bartercard's history: Bartercard has long known that the way forward was to ensure that transactions could be processed electronically.

There are some great benefits to members who use EFTPOS terminals:

- Elimination of vouchers

- No paperwork

- No faxing/mailing of vouchers

- No lost vouchers

- No re-ordering of vouchers

- Immediate transactions

- No more need to phone for authorisation

- One machine for all transactions Cash & Trade

- Reduced transaction costs for Credit and Debit cards

As a merchant when you use an EFTPOS terminal for Credit and Debit cards you will normally pay fees to the Bank. However the cost of Bartercard EFTPOS transactions will be charged directly to Bartercard and not to members.